metro

Emefiele to stand trial in $4.5bn, N2.8bn case, court rules

Emefiele to stand trial in $4.5bn, N2.8bn case, court rules

Justice Rahman Oshodi of the Ikeja Special Offences Court has dismissed an application of the former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, challenging the jurisdiction of the court on charges of abuse of office to the tune of $4.5 billion and N2.8 billion.

Justice Oshodi, in his ruling yesterday, held that the court has jurisdiction to try Emefiele on the charge.

READ ALSO:

Justice Oshodi also held that the Economic and Financial Crimes Commission (EFCC) had established a territorial jurisdiction of the court on counts eight to 26 with facts in the proof of evidence attached to the case file.

The court, however, struck out counts one to four of the charge which bothered on abuse of office.

Emefiele to stand trial in $4.5bn, N2.8bn case, court rules

Trends Admin

Recent Posts

BREAKING: APC Chieftain Osifo Enters 2027 Race, Buys ₦100m Form to Challenge Tinubu

BREAKING: APC Chieftain Osifo Enters 2027 Race, Buys ₦100m Form to Challenge Tinubu A prominent…

5 hours ago

Reps Move to Extend Dormant SIM Reallocation Period to 18 Months

Reps Move to Extend Dormant SIM Reallocation Period to 18 Months   The House of…

7 hours ago

OAU Shuts Campus for Three Weeks After Students’ Protest Over Transport

OAU Shuts Campus for Three Weeks After Students’ Protest Over Transport, Welfare and E-Portal Crisis…

7 hours ago

NLC Warns Inflation Has Destroyed Value of Workers’ Earnings

NLC Warns Inflation Has Destroyed Value of Workers’ Earnings The Nigeria Labour Congress (NLC) has…

7 hours ago

Momodu Defends Atiku, Condemns Political “Bullying” in Nigerian Opposition

Momodu Defends Atiku, Condemns Political “Bullying” in Nigerian Opposition Publisher of Ovation Magazine, Dele Momodu,…

7 hours ago

Akpabio Declares Jimoh Ibrahim’s Senate Seat Vacant

Akpabio Declares Jimoh Ibrahim’s Senate Seat Vacant The President of the Senate, Godswill Akpabio, has…

7 hours ago